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Business, 26.03.2021 03:30 alexgold3

FARO Technologies, whose products include portable 3D measurement equipment, recently had 36 million shares outstanding trading at $25 a share. Suppose the company announces its intention to raise $390 million by selling new shares. b. How large a loss in dollar terms will existing FARO shareholders experience on the announcement date, based on studies that show losses are 30% of the size of the new issue

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